News with the tag "Bitcoin ETFs vs Gold ETFs"

Bitcoin ETFs Gaining Ground Against Gold ETFs The competition between Bitcoin exchange-traded funds (ETFs) and gold ETFs is heating up as digital assets continue to capture the imagination of investors worldwide. Nate Geraci, CEO of The ETF Store, a U.S.-based investment advisory firm, recently stat...

Bitcoin ETFs Could Surpass Gold ETFs in Assets by January, Says Bloomberg Analyst Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, has revealed that U.S. spot Bitcoin ETFs are on track to surpass gold ETFs in total assets under management (AUM) by early next year. According to Balchun...

Since their January launch, spot Bitcoin ETFs have attracted more than $20 billion in cumulative net inflow—the most successful ETF debut ever. That is far quicker than the five years it took the gold ETF market inflows to reach the current level. Some experts think that Bitcoin ETFs will surpass sp...

Gold futures have seen a significant rise, climbing 0.5% to $2,381 per troy ounce as U.S. Treasury yields have fallen. This increase is largely attributed to heightened expectations for a Federal Reserve interest-rate cut. This follows soft U.S. retail sales data on Tuesday and inflation inching clo...

During economic expansion times, gold exchange-traded funds were not commonly found in investment portfolios. Nevertheless, investors are now looking for safe havens such as precious metals due to the current market uncertainty. Inflation plays a vital role in the increased fascination with gold, as...

A new debate between gold and Bitcoin has arisen as market attitudes towards investment assets shift. After approving 11 spot Bitcoin-backed exchange-traded products by the SEC, the crypto market has witnessed a rise in inflows for spot Bitcoin ETFs, with new issuers in the U.S alone bringing in $1....